Drop shipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product. The biggest difference between Drop shipping and the standard retail model is that the selling merchant doesn't stock or own inventory. Instead, the merchant purchases inventory as needed from a third party – usually a wholesaler or manufacturer – to fulfill orders.
Less Capital Is Required – By starting your business using Banglashoppers drop shipping probably the biggest advantage to launch an ecommerce store without investing a big amount of money in world famous Brand inventories up front. Traditionally, retailers have had to tie up huge amounts of capital purchasing inventory. With the drop shipping model, you don't have to purchase a product from us, unless you already made the sale and have been paid by the customer. Without major up-front inventory investments, it's possible to start a successful drop shipping business with Banglashoppers using a very little amount of money.
Running an ecommerce business is much easier when you don't have to deal with physical products. With drop shipping, you don't have to worry about:
Because you don't have to deal with purchasing inventory or managing a warehouse, your overhead expenses are quite low. In fact, many successful drop shipping businesses are run from a home office with a laptop for less than BDT10, 000 per month. As you grow, these expenses will likely increase but will still be low compared to those of traditional brick-and-mortar businesses.
A drop shipping business can be run from just about anywhere with an internet connection. As long as you can communicate with suppliers and customers easily, you can run and manage your business.
Because you don't have to pre-purchase the world renowned brand items you sell, you can offer an array of products to your potential customers. If suppliers stock an item, you can list if for sale on your website at no additional cost.
With a traditional business, if you receive three times as much business you'll usually need to do three times as much work. By starting drop shipping using Banglashoppers, most of the work to process additional orders will be borne by Banglashoppers, allowing you to expand with fewer growing pains and less incremental work. Sales growth will always bring additional work – especially related to customer service – but business that utilizes Banglashoppers drop shipping facility scale particularly well relative to traditional ecommerce businesses.
All these benefits make Banglashoppers drop shipping facility a very attractive model to both beginning and established merchants.